FIDU 📈 Fidelity MSCI Industrials - Overview

The Fidelity MSCI Industrials Index ETF, traded on the NYSE ARCA under the ticker FIDU, is designed to provide investors with exposure to the industrial sector of the US equity market. By investing at least 80% of its assets in securities that are part of its underlying index, the fund aims to track the performance of this specific sector. The underlying index, known as the MSCI USA IMI Industrials 25/25 Index, is a broad representation of the industrial sector, encompassing a wide range of industries including aerospace and defense, construction, and transportation, among others.

The fund's investment strategy involves tracking the performance of the MSCI USA IMI Industrials 25/25 Index, which means it may hold a significant portion of the securities included in this index. However, it's worth noting that the fund may not necessarily hold all of the securities in the index, as the fund manager may employ sampling techniques or other strategies to achieve its investment objectives. The fund is domiciled in the United States and has an ISIN of US3160927097, categorizing it as an exchange-traded fund (ETF) focused on the industrials sector.

As an ETF, FIDU offers investors the benefits of diversification and flexibility, allowing them to gain exposure to the US industrial sector in a single trade. The fund's structure enables it to provide transparent pricing, with its holdings and performance updated regularly. For more information about the fund, including its investment objectives, risks, and fees, investors can visit the Fidelity website at http://www.institutional.fidelity.com. With its focus on the industrial sector, FIDU can be a useful tool for investors seeking to tap into the growth potential of this segment of the US equity market.